Austin, Texas, June 23, 2021 / PRNewswire / – Colleges and universities in the United States introduce Oracle Student Financial Planning (SFP) to make it easier for students to apply for essential financial aid. As part of the Oracle Student Cloud, the solution gives students a personalized view of their funding options so they can make better decisions to meet their educational goals.
east Gateway Community College, Navarro College, and William Carey University all selected Oracle Student Financial Planning to simplify their processes for providing financial support to their students and employees. Oracle Student Financial Planning enables students to access current, accurate, and personalized financial aid information to help them make more informed financial aid decisions. The solution automates the grant process from start to finish – from eligibility to packaging and awarding to payouts and reporting. This translates into better experiences for students as well as improved efficiency for university staff, who can now spend less time on processes and more time supporting students.
“As the impact of the pandemic continues, too many students find earning a post-secondary degree financially unreachable,” said Vivian Wong, Group Vice President, University Development, Oracle. “Colleges and universities using Oracle Student Financial Planning can improve affordability and accessibility with a simplified financial assistance process that encourages responsible borrowing and enables students to achieve their personal, professional, and academic goals.”
east Gateway Community College
How Ohios east Gateway Community College beyond its expanded Steubenville and Youngstown Campus to extensive online course offerings, the number of students grew from 13,000 students in 2018 to more than 40,000 students today. This growth drove the college to scale its operations to cloud-based solutions. The college’s successful implementation of Oracle Fusion Cloud Applications in 2019 opened the door to include Oracle Student Financial Planning in its technology portfolio. With the automation, compliance, integration, and security features of Oracle Student Financial Planning, Eastern Gateway executives expect time and cost savings that employees can dedicate to strategic and individual student assistance.
“Delivering quality services to more than 40,000 students in all 50 states made modernizing our services and infrastructure a necessity,” said the president of Eastern Gateway Michael Geoghegan. “Oracle Student Financial Planning automates the process from start to finish, releasing financial assistance staff to work directly with students, and ensuring that our college can invest more of our resources in teaching and learning necessary for building America’s labor force is needed in the 21st century. “
Navarro College
Navarro College, a public adult education center based in Corsica, Texas, aims to provide students with a clear path to academic and financial success during their time on campus. But the school’s 20-year-old Ellucian Colleague’s grant system relied heavily on manual processes, which was inefficient for staff and slowed the flow of information to students. Navarro College chose Oracle Student Financial Planning to replace the aging system. The lean and transparent processes of the solution will benefit of Navarro College Students and staff alike, increasing the student experience and reducing manual processes for staff.
“We evaluated a number of solutions – including Ellucian, Jenzabar and Workday – before making our selections,” said Barry Sullivan, Director of Information Technology, Navarro College. “Ultimately, Oracle Student Financial Planning earned our vote because we realized that it could meet our needs not just today but for years to come.”
William Carey University
Located in Hattiesburg, Mississippi, William Carey University offers highly personalized experiences to meet every student where they are. However, processing the student grant through the grant module of the existing Unit4 system was entirely manual, which hindered the student experience and did not meet modern university standards. The university selected Oracle Student Financial Planning to create a student-centric financial assistance experience. The university also selected Oracle Fusion Cloud Advertising and Customer Experience to support their recruiting efforts. and Oracle Analytics Cloud to complement its other Oracle implementations with improved reporting and analytics. These solutions will work together to support the university’s enrollment management strategic plan.
“The pandemic accelerated the need to move away from traditional, manual processes and then accelerated our move to the cloud,” said Jeff Andrews, Chief Information Officer, William Carey University. “Oracle’s solutions will help us deliver the seamless experience that William Carey wants to extend so that staff can rededicate their time to student success and empower students in their educational activities. “
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